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The total population of Sheridan is estimated to be 3,464 with 1,674 males (48.33%) and 1,790 females (51.67%). There are 116 more females than males in Sheridan.
The median household income in Sheridan was $58,422 in 2021, which marked an an increase of 8,155(16.22%) from $50,267 in 2020. This income is 78.31% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Sheridan sees its highest median household income among householders in the age group of 25 to 44 years old, at $83,075. Overall, the median household income for the town of Sheridan stands at $58,422.
In Sheridan, the median income for all workers aged 15 years and older, regardless of work hours, was $37,116 for males and $29,764 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $57,376 for males and $46,733 for females.
In Sheridan, population is primarily represented by White households, reporting a median income of $59,098.
In 2022, the population of Sheridan was 3,258, a 4.93% increase year-by-year from 2021. Previously, in 2021, Sheridan's population was 3,105, an increase of 0.10% compared to a population of 3,102 in 2020.
The median age in Sheridan, IN is 36.0, as per 2021 ACS 5-Year Estimates. Of the total population, 20.85% were under the age of 15, 20.34% aged 15 to 29, 42.14% aged 30 to 64, 14.95% aged 65 to 84, and 1.72% were 85 years of age and older.
Racial distribution of Sheridan population: 95.52% are White, 0.63% are Asian, 0.29% are some other race and 3.56% are multiracial.